The CCWG (Clean Cargo Working Group) of BRS, an industry-wide initiative dedicated to improving the environmental performance of marine transport, has published its 2013 results, accumulated from 22 top carriers worldwide, covering about 85 per cent of the global container cargo carried in 2013.
ZIM announced the completion of its comprehensive debt restructuring, paving the way for a reinvigorated group to capitalize on the recovery in the global trade. Following 18 months of intensive negotiations with all of its creditors, ZIM completed its restructuring when Israel Corporation invested $200 million of new equity into the company.
CN said Canada’s rail transportation system is ready to accommodate the new harvest with a solid throughput rate in line with the grain supply chain. The supply chain will also be able to address the excess carry-over from last year’s extraordinary crop by as early as next spring.
Canadian Pacific Railway Limited announced it will be asking the Superior Court of Quebec to stay a July 14, 2014 decision by the Canadian Railway Office of Arbitration (CROA), which ruled a locomotive engineer, who consumed cocaine at a time and of a quantity which could impact his duties, must be reinstated. CP also announced it will be appealing the agency’s order to the Superior Court of Quebec asking it to overturn the decision.
Mariners’ House of Montreal held its 46th annual general meeting on June 17th, attended by thirty patrons and friends of the historical organisation. In his address, the President, Michael Fratianni, CEO of Montreal Gateway Terminals Partnership, said: “Most of us here have ties to the sea, both practical and romantic, and we can appreciate the necessity for centres such as Mariners’ House. It is a haven in the lives of seafarers from all over the world.”